LAPLACE Renewable Energy Technology Balance Sheet Health
Financial Health criteria checks 5/6
LAPLACE Renewable Energy Technology has a total shareholder equity of CN¥2.7B and total debt of CN¥233.4M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥10.0B and CN¥7.2B respectively. LAPLACE Renewable Energy Technology's EBIT is CN¥952.6M making its interest coverage ratio -22.5. It has cash and short-term investments of CN¥931.4M.
Key information
8.5%
Debt to equity ratio
CN¥233.40m
Debt
| Interest coverage ratio | -22.5x |
| Cash | CN¥931.36m |
| Equity | CN¥2.74b |
| Total liabilities | CN¥7.24b |
| Total assets | CN¥9.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688726's short term assets (CN¥8.3B) exceed its short term liabilities (CN¥7.1B).
Long Term Liabilities: 688726's short term assets (CN¥8.3B) exceed its long term liabilities (CN¥176.6M).
Debt to Equity History and Analysis
Debt Level: 688726 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688726's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688726's debt is well covered by operating cash flow (26.4%).
Interest Coverage: 688726 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 00:31 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
LAPLACE Renewable Energy Technology Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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